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"To put it mildly," writes James Montier, "analysts don't have a clue about future earnings."...

"To put it mildly," writes James Montier, "analysts don't have a clue about future earnings." Well, "Moneyball" is about to come to Wall Street, writes Andy Crowder, as Nate Silver (he of the perfect election forecast) "has ushered in a new level of credibility for statistical analysis." The self-directed investor is about to find out about investing using statistical probabilities rather than the "fuzzy logic" of the sell-side.
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